Dhaka, Bangladesh (BBN)-LankaBangla Finance Limited and MasterCard announced the launch of the LankaBangla Titanium MasterCard Credit Card, giving cardholders access to unique privileges and discounts with MasterCard’s wide network of partner merchants in Bangladesh.
The LankaBangla Titanium MasterCard Credit Card has been designed to provide unparalleled benefits
and privileges to cardholders with an extensive network of over 1200+ partner merchants in the country, said a press release.
In addition, LankaBangla is also expanding its partner network to complement the benefits and offers of the new credit card.
The launch of the credit card was attended by senior officials from both the organizations including Mr Mohammed Nasir Uddin Chowdhury, Managing Director; Mr Khwaja Shahriar, Deputy Managing Director; Khurshed Alam, EVP & Head of Retail Finance from LankaBangla Finance Limited and Syed Mohammad Kamal, Country Manager and Gitanka D Datta, Vice President from MasterCard Bangladesh.
Mohammed Nasir Uddin Chowdhury, Managing Director of LankaBangla Finance Limited, stated, “We at LankaBangla have always endeavored to enhance customer experience and provide them a wide array of services for a convenient life.
We are proud to collaborate with MasterCard for the launch of the Titanium MasterCard Credit Card and hope to continue our fruitful partnership.”
Syed Mohammad Kamal, Country Manager of MasterCard Bangladesh commented, “At MasterCard, we are committed to cater to the evolving needs of customers by introducing the most innovative products along with safe, convenient and secure payment network.
LankaBangla is a leading and credible provider of financial services in the country and we are delighted to partner with them for the launch of ‘LankaBangla Titanium MasterCard’, an unrivalled card to serve the needs and wants of customers in today’s fast-paced lifestyle.”
The new credit card offers a complete package of benefits and privileges for all the cardholders.
The LankaBangla Titanium MasterCard Credit Card will offer complimentary benefits for the first year, which includes an insurance coverage with accidental death benefits worth BDT 500,000.
The new collaboration will bring consumer promotional offers like BOGO (Buy-1- Get-1) at leading hotels and resorts in Cox’s Bazar and Sylhet where cardholders will be eligible for a complimentary night stay at a hotel.
Additionally, cardholders are entitled to LankaBangla’s ezypay installment scheme at 0 per cent interest up to 12 months, cash back facility round the year and 100 per cent renewal fee waiver for 12 transactions in a year.
LankaBangla Finance Limited started its journey long back in 1997 as a joint-venture financial institution with multinational collaboration having license from Bangladesh Bank under Financial Institution Act-1993.
Now LankaBangla is the country’s leading provider of integrated financial services including corporate financial services, retail financial services, SME financial services, stock broking, corporate advisory and wealth management services.
Under the broadest umbrella of products and service offerings, they are the lone financial institution to operate credit card and also provide third party card processing services to different banks in Bangladesh. LankaBangla is a primary dealer of government securities since November 2009.
Since 2006 LankaBangla has been listed in both DSE & CSE in Bangladesh.